Renaissance: attach holds
Competition-capped
Agentic-AI attack surface: legacy AV displacement vs AI-native EDR attach
Agentic-AI attack surface: legacy AV displacement vs AI-native EDR attach
~half the endpoint sector still runs signature-based legacy antivirus
agentic AI agents spread on endpoints
signature AV coverage
coverage gap
novel attack surface
AI-native EDR demand
Singularity + Purple AI
same driver, two paths
attach succeeds
competition caps
Purple AI attach
$100K+ cohort
NRR above 110
Competition caps
bundle + price win
CS · PANW · MSFT
ARR re-accelerates
net new ARR +55% YoY
ARR +23% into Q2
ARR decelerates
net new ARR falls
thesis stalls
Aug 27 Q2 print
one branch is real; the Aug 27 print decides